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4801 Leesville Rd - Leesville Road-Durham-NC

30.11 Acres of Residential Land in Durham, NC 27703

Investment Highlights

  • Strong Submarket with Major Employment Opportunities.
  • Strong Multifamily Fundamentals Within Durham Submarket.
  • Interconnected to All Amenities in Raleigh-Durham.

Executive Summary

Capstone Land Sales is pleased to present the Leesville Road Development Site, a ±30.11-acre market rate development opportunity ideally located within the Raleigh-Durham MSA. This prime location in between Raleigh & Durham offers new ownership the opportunity to develop a residential community that caters to the growing demand for housing in one of North Carolina’s most dynamic and rapidly expanding markets.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 30.11 AC

1 Lot Available

Lot

Lot Size 30.11 AC

Land for sale

Description

The property’s strategic positioning provides excellent access to major transportation routes, high-profile employment centers, and abundant local amenities, such as Brier Creek Commons, making it ideal for future residents seeking both convenience and quality of life. With strong population growth, rising incomes, and high rental demand, both Raleigh and Durham continue to experience accelerated expansion, supported by the region’s robust economic base. The opportunity to develop a mixed-use residential community in this desirable area presents a compelling investment, with the potential to capture significant long-term appreciation and capitalize on Raleigh and Durham’s ongoing evolution into a premier residential and employment hub.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
164665
Land Assessment
$973,901 CAD
Improvements Assessment
$0 CAD
Total Assessment
$973,901 CAD

zoning

Zoning Code Residential (RS-M REZONE REQUIRED)
Residential (RS-M REZONE REQUIRED)
  • Listing ID: 33703382

  • Date on Market: 2024-10-31

  • Last Updated:

  • Address: 4801 Leesville Rd, Durham, NC 27703

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